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$2,275,000
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Property Description
This Key Colony Beach coastal retreat blends modern elegance with waterfront tranquility is steps from Bonefish Bay. Inside, a beautifully updated kitchen with granite countertops, stainless steel appliances, and a large entertaining island opens to bright living and dining areas. A first-floor en-suite provides excellent privacy for guests or multigenerational needs. Upstairs, the primary retreat impresses with a spa bath featuring a soaking tub and separate shower, plus an oversized walk-in closet. Outdoors, boaters will enjoy the 60 foot dock with a 15K-lb lift and quick access to the ocean. Proven vacation rental history offers the rare blend of lifestyle enjoyment and potential income. Cabana Club membership, par-3 golf, tennis, and pickleball courts. -embrace the Florida Keys lifestyle!
Full Property Details
Full Property Details for 511 4th St
General
- Price: $2,275,000
- Taxes: $16,241 (2024)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11886023
- Updated: 2/5/2026
- Added to Site: 156 day(s) ago
Interior
- Interior Features: First Floor Entry, Roman Tub, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Family Room, Utility/Laundry In Garage
- Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self-Cleaning Oven, Washer
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
- Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower, Primary Bath Tub
Other Rooms
- Living Room: Family Room, Utility/Laund Sq. Ft.
- Laundry: In Garage
Additional Information
- Pool: Yes
- Pool Description: In Ground, oval
- Security/Safety: Fire Alarm
Exterior
- Exterior Features: Outdoor Shower
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Paver Block
Location
- Area: Key Colony Beach
- County: Monroe County
- Subdivision: KEY COLONY BEACH
- Building Name: KEY COLONY BEACH
- Direction Faces: West
Community
- Community Name: Key Colony Beach
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, Two Story
- Structure Type: House
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Aluminum
- Windows: Complete Impact Glass, Blinds, High Impact Windows
- Doors: High Impact Doors
- Building Size: 2937
- Square Feet: 2,445
- Living Area: 2,445 Sq. Ft.
- Year Built: 1973
- Property Condition: Completely Renovated
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Canal
- Lot Size (Sq. Ft.): 6,600
- Frontage Feet: 60
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: R2A
- Fencing (Description): Fenced
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Ocean Access, Canal Front
Financial Considerations
- Price Per Sq. Ft.: $930.47
- Tax Amount: $16,241
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: BK 4 LT 23 KEY COLONY BEACH PB3-120 SHELTER KEY OR328-132 OR609-401 OR806-1866 OR813-1323/24 OR818-1980 OR1000-2064 OR1780-1695/98 OR1780-16
- Restrictions: Ok To Lease
- Inclusions: Boatlift, Community Boat Ramp, Private Dock
- Property ID: 00073350-000000
Listed by Keller Williams Capital Realty
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Schools
Schools serving 511 4th St
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Stanley Switlik Elementary School 3400 Overseas Highway, Marathon, FL 33050 | PK-5 | 5 mi |
Marathon School 350 Sombrero Beach Road, Marathon, FL 33050 | 6-12 | 4.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 511 4th St
Date
Details
Price
Change
Source
2/05/2026
Price Reduced
$2,275,000
-2.15%
MLS
1/15/2026
Price Reduced
$2,325,000
-3.1%
MLS
10/31/2025
Price Reduced
$2,399,500
-2.06%
MLS
9/27/2025
Listed
$2,450,000
44.12%
MLS
10/07/2021
Sold
$1,700,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 511 4th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$16,241
—
$1,465,089
-11%
2024
$16,241
2%
$1,646,658
-1%
2023
$15,898
46%
$1,664,904
60%
2021
$10,857
-23%
$1,038,526
-27%
2022
$14,126
30%
$1,426,674
112%
2021
$10,857
54%
$673,205
-1%
2019
$7,057
8%
$682,254
7%
2018
$6,545
8%
$637,885
-8%
2017
$6,075
9%
$690,876
22%
2016
$5,566
11%
$564,240
18%
2015
$5,021
2%
$479,252
5%
2014
$4,916
3%
$455,732
6%
2013
$4,755
—
$428,335
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 511 4th St
511 4th St, Key Colony, FL 33051 (MLS# A11886023) is a Single Family property with 4 bedrooms and 3 full bathrooms. 511 4th St is currently listed for $2,275,000 and was received on September 27, 2025. Want to learn more about 511 4th St? Do you have questions about finding other Single Family real estate for sale in Key Colony? You can browse all Key Colony real estate or contact a Coldwell Banker agent to request more information.

